{"id":85425,"date":"2023-07-28T02:45:14","date_gmt":"2023-07-28T06:45:14","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85425"},"modified":"2023-07-28T02:24:53","modified_gmt":"2023-07-28T06:24:53","slug":"intel-jumps-7-as-it-returns-to-profitability-after-two-quarters-of-losses","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2023\/intel-jumps-7-as-it-returns-to-profitability-after-two-quarters-of-losses.html","title":{"rendered":"Intel jumps 7% as it returns to profitability after two quarters of losses"},"content":{"rendered":"\n<p>CNBC) For the third quarter, Intel expects earnings of 20 cents per share, adjusted, on revenue of $13.4 billion at the midpoint, versus analyst expectations of 16 cents per share on $13.23 billion in sales. Intel posted net income of $1.5 billion, or 35 cents per share, versus a net loss of $454 million, or a loss of 11 cents per share, in the <a rel=\"noreferrer noopener\" href=\"https:\/\/www.intc.com\/news-events\/press-releases\/detail\/1563\/intel-reports-second-quarter-2022-financial-results\" target=\"_blank\">same quarter last year<\/a>.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/07\/27\/intel-intc-earnings-report-q2-2023.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBC) For the third quarter, Intel expects earnings of 20 cents per share, adjusted, on revenue of $13.4 billion at the midpoint, versus analyst expectations of 16 cents per share on $13.23 billion in sales. Intel posted net income of [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85425","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85425"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85425\/revisions"}],"predecessor-version":[{"id":85426,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85425\/revisions\/85426"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}